HR 1693 · 95th Congress · Taxation

Religious and Charitable Donors Tax Credit Act

Introduced 1977-01-11· Sponsored by Rep. O'Brien, George M. [R-IL-17]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-01-11)

Plain Language Summary

[AI summary unavailable — showing source text] Religious and Charitable Donors' Tax Credit Act - Amends the Internal Revenue Code to allow individuals a nonrefundable income tax credit for charitable contributions in lieu of a deduction. Provides that the credit shall not exceed 50 percent of the deduction which would be allowed or $500, whichever is less.…

Summarized by Claude AI · Non-partisan · For informational purposes only